I have a few questions, i currently own a home and i'm trying to branch off to other things so here goes.
1) Every once and a while they put homes up for auction and the terms are $5000 down payment and complete payment in thirty days. Is it tough to get a loan from the bank on a auction a property?? Also i've been stopping by a couple to check it out and at some locations they did not let anyone go inside... Well any input in the auction process is appreciated...
2) Want does TRUSTEE mean??? I've been searching around local properties at the city records and some of the owners are trustee...
I wonder how these developers and realtors get a hold of empty lands and abandon properties to develop on.
I guess more questions will pop in my head as this discussion goes on..
Thanks
Steve
1) Every once and a while they put homes up for auction and the terms are $5000 down payment and complete payment in thirty days. Is it tough to get a loan from the bank on a auction a property?? Also i've been stopping by a couple to check it out and at some locations they did not let anyone go inside... Well any input in the auction process is appreciated...
2) Want does TRUSTEE mean??? I've been searching around local properties at the city records and some of the owners are trustee...
I wonder how these developers and realtors get a hold of empty lands and abandon properties to develop on.
I guess more questions will pop in my head as this discussion goes on..
Thanks
Steve
